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Beaufort Securities reiterated Ariana Resources PLC (LON:AAU) to Speculative Buy in a report released today.

Beaufort Securities has reiterated Ariana Resources PLC (LON:AAU) to Speculative Buy in a report released on 11/14/2017.

Previously on 11/1/2017, Beaufort Securities released a statement about Ariana Resources PLC (LON:AAU) increased the target price from 0.00GBX to 2.78GBX. At the time, this indicated a possible upside of 1.06%.

Just yesterday Ariana Resources PLC (LON:AAU) traded 1.48% higher at 1.40GBX. Ariana Resources PLC’s 50-day average is 1.42GBX and its two hundred day average is 1.48GBX. With the last stock price down -7.52% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. Trade Volume was down over the average, with 965,933 shares of AAU changing hands under the typical 2,911,880

Performance Chart

Ariana Resources PLC (LON:AAU)

With a total market value of 0 GBX, Ariana Resources PLC has price-earnings ratio of 0.98 with a one year low of 1.32GBX and a one year high of 2.26GBX .

A total of 1 equity analyst has released a ratings update on AAU. zero equity analysts rating the company a strong buy, one equity analyst rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 2.79GBX.

Brief Synopsis About Ariana Resources PLC (LON:AAU)

Ariana Resources plc is engaged in the acquisition, exploration and development of gold and technology-metals primarily in Turkey and Australia. The Company is focused on the Red Rabbit Gold Project located in the western Turkey, comprising the Kiziltepe and Tavsan sectors. Its projects include Kizilcukur project, Ivrindi project, Demirci project and Salinbas project. The Kizilcukur project encompasses over two kilometers of mineralized quartz veins containing gold and silver. The Ivrindi Gold project is located in the Ivrindi District of Balikesir Province in western Turkey. The Ivrindi Gold project consists of over two licenses. The Demirci Gold project is located in the Demirci District of Manisa Province in western Turkey. The Salinbas Project area consists of two mineralized zones: the Ardala Porphyry and the Salinbas gold-silver (Au-Ag) deposit. The Company's other project area prospects include Karakavak, kepez and Yukaricamli.

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